NOT LISTED FOR SALE

408 Jane St Fort Lee, NJ 07024

Estimated Value: $1,408,430 - $1,639,000

6 Beds
5 Baths
-- Sq Ft
5,009 Sq Ft Lot

Last Sold April 29, 2022

Last sale price $1,235,000

Est. 23% increase in value since last sale

Current estimated payment $9,518/month

1 Day on Market

About This Home

As of April 2022

Excellent location. Spacious and bright 3 bedrooms and 2 full bathrooms on each floor/ top and bottom. Finished basement with Summer kitchen with separate entrance. NYC bus stop within walking distance. Only one block from Main St. Perfect for extended family! Pictures taken prior 1st floor tenants moved in.

Last Agent to Sell the Property

Sara Shin

Christie's International Real Estate Group-Fort Lee Listed on: 03/10/2022

Last Buyer's Agent

Sara Shin

Christie's International Real Estate Group-Fort Lee Listed on: 03/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,400

Lot Details

  • 5,009

Parking

  • 2 Car Garage

Home Design

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Laundry in Basement
  • Lot Dimensions are 50x100

Listing and Financial Details

  • Legal Lot and Block 00007 / 04055

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,400

Lot Details

0

Parking

2

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: In Basement, In Unit
  • Co List Office Phone: 201-346-0200
  • MLS Status: Sold - Sold
  • Directions: Anderson ave to Jane
  • Architectural Style: 2 Family
  • Year Built Details: 1980's
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Basement Remarks: SIDE ENTRY, KIT, LR/DINING/FPL/FULL BTH/REC ROOM

Exterior Features

  • Disclosures: Seller's Agent, Seller Disclosure - No

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat

Lot Info

  • Lot Dimensions: 50x100

Tax Info

  • Tax Annual Amount: 15400.0
  • Tax Block: 04055
  • Tax Lot: 00007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 21, 2022
Sold by
Chang Mile-Lee and Yan Fen
Bought by
Yoon Jungwon and Kim Soomin
Seller's Agent
Sara Shin
Christie's International Real Estate Group-Fort Lee
Buyer's Agent
Sara Shin
Christie's International Real Estate Group-Fort Lee
List Price
$1,249,900
Sold Price
$1,235,000
Premium/Discount to List
-$14,900
-1.19%
Current Estimated Value
$1,520,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,358
Avg. Annual Appreciation
6.12%
Original Mortgage
$964,800
Outstanding Balance
$893,412
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$626,946

Purchase Details

Closed on
Dec 2, 2020
Sold by
Yan Chao and Yan Fen
Bought by
Chang Mile Lee and Yan Fen

Purchase Details

Closed on
Jun 17, 1993
Bought by
Pierro Marisa and Pierro Marrero,Jose
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yoon Jungwon $1,235,000 Simplicity Title
Yoon Jungwon $1,235,000 Simplicity Title
Chang Mile Lee $330,000 Fidelity National Ttl Ins Co
Pierro Marisa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Jungwon $964,800
Closed Yoon Jungwon $964,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2022 04/29/22 Sold $1,235,000 -1.2% --
03/11/2022 03/11/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,249,900 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,718 $718,000 $340,000 $378,000
2024 $17,763 $718,000 $340,000 $378,000
2023 $15,847 $718,000 $340,000 $378,000
2022 $15,847 $638,200 $340,000 $298,200
2021 $15,521 $638,200 $340,000 $298,200
2020 $15,374 $638,200 $340,000 $298,200
2019 $15,017 $638,200 $340,000 $298,200
2018 $14,666 $638,200 $340,000 $298,200
2017 $14,500 $638,200 $340,000 $298,200
2016 $14,385 $638,200 $340,000 $298,200
2015 $14,053 $638,200 $340,000 $298,200
2014 $13,792 $638,200 $340,000 $298,200
Source: Public Records

Agents Affiliated with this Home

  • Sara Shin

    Seller's Agent in 2022

    Sara Shin

    Christie's International Real Estate Group-Fort Lee

    (201) 446-7705

    40 in this area

    109 Total Sales

    Sara Shin
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Map

Source: New Jersey MLS

MLS Number: 22007772

New Jersey MLS

APN: 19-04055-0000-00007

New Jersey Bergen County Fort Lee 07024

408 Jane St, Fort Lee, NJ

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All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.

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